Butte semi-weekly miner. [volume] (Butte, Mont.) 1886-1890, 1887-08-10

o1o. OH, 0lS 1885,. They ave been ie
sued without authority, and will not 5,
recognized by the company. They repre-
sent in the neighborhood Of %, 600 shares
OF stock. We have expended considerable
money on the trips Of our agents to the
East and on our properties, and stock.
holders can learn all the facts in regard to
the expenditure of the money by applying
to the proper authorities. You may also
state that most of the parties in Butte
who have purchased Princess stock are
the personal friends OF myself and other
officers of the company, and that they
may rest assured that tbeywill be pro-
tected in the exact interest in the mine
which is represented by their stock. Mr..
Burton was also seen in regard to the
matter and confirms the above statement
in regard to the stock given away in the
East by Mr.. Althoff, saying that the com
pany had received no benefit from it.
IN THIS l AM CHARGED
with selling stock on the Princess Gold and
Silver Mining and Smelling Company to
my friends and relatives and others in
Dayton, Ohio, without any authority
whatever. When Mr.. Mcbride made that
statement it was false and he knew it was
false when be made it.; and I charge him
with having dishonesty and willfully told
what he knew was not true, as will appear
from
h FOLLOWING LETTER:
BUTTE, Montana, January II, 1887
Messrs. Burton & Althoff. Dayton, Ohio:
G~ENTLEMEN-I herewith send you q copy
of the order of the trustees of the p. G. &
s.. M. & 8. Co.:
BUTTE. M. T.. January II, 1887.
The Trustees of the P. G. & 8. M. & 8.
Co. met at a called meeting at the Office of
the company at Butte, M. T., and on mo-
ton the following resolution was passed:
Resolved. That. treasury stock to the
amount of 100000 shares, the certificates
numbered as follows. to-wit: sos to 514,
inclusive; 525 to GA, inclusive; 621 to
674, inclusive: and 683 to S84, inclusive,
be issued to F. L. Burton and George F.
Althoff in trust, to be disposed Of to such
persons as they may see fit, for the use and
benefit of the Princess Gold and Silver
Mining and Smelling Company, and as it's
treasury stock, and the proceeds thereof
to be deposited in the Winters National
the order of the Trea surer of said COM
pany.
That As, 200 shares of stock. the certif-
Gates numbered 500 to 6O4. inclusive; SIS
to 524, inclusive; 615 to 620, inclusive;
CTS to 6S2, inclusive; and 1856 to 066, in
elusive, be issued to the said F. L. Burton
and George F. Althoff, to be used by them
in advancing the interests of the said com
pany al TO them may seem best. and such
part of the same as they may require for
their own personal benefit; and the resi-
due, if any, to belong, and the proceeds
thereof, to the promoters Of the said P. G..
r. g Al & g n oa nor Qproomonf and
that a like amount he issued to F. T. Nc
Bride to be disposed OF in like manne at
the Montana end of the line.
l think we can sell a whole lot OF stock
here. Have the bank telegraph us the
amount of funds on hand from time to
time belonging to the COMPANY.
[Signed] FIT. MCBRIDE.
AT THE TIME THE PRINCESS
was incorporated 1 sustained intimate and
confidential relations with Mr.. Nc
Bride and was in his Office constantly and
conversed with him frequently, and | relied
upon the statements he made to me. He
told me that the company VS. properly
Incorporated, and that be, as an attorney
| at law, familiar with the la I'VE Of Montana,
t had attended to all Of the legal phases OF
| the incorporation. and that l could go to
my relatives in Ohio and dispose OF all the
stock they wished to purchase, and that
there would be absolute safety in doing 80.
I knew the men managing the scheme here,
namely: R. B. Wallace, Mr.. Hedley. H.
| Bloom and F.. T. Mcbride, and believed
| them to be men of character. I went to
| Ohio in company with Mr.. Burton; the
| stock was advertised and considerable
money expended in bringing it properly be-
fore the people there; and I succeeded in
| placing considerable Of the stock. After
bad spent over two months Of time and
considerable money advertising, and beer
to other expense incident thereto, l re
ceived
THE FOLLOWING LETTER FROM MR.. R
BUTTE, M. T., March 6, 1s87.-MR. GEO
F.. ALrHoFF, Dayton, Ohio:-DEAR SIR
I am informed by Mr.. Scott that it will 81
necessary to return, or at least be on TN
road. before March 81, 1888, otherwise thu
Interstate Commerce Law will prevent hin
issuing you q pass.
am also credibly informed that Mr.
Burton has completed arrangements te
place all the stock we desire to place, a.
this time, 40 it will be necessary for US tt
have the stock book; and if you do mo-
return at once, please forward to US tn
j book by express and oblige.
Yours very truly,
I9
THIS FOR MY NOT SELLING MoR
STOCK
On nv return home, March Oath, l foun'
that Mr.. Mcbride. Mr.. Hedley and MI
Bloom. the owners of the mines that wer
to be put into the Incorporation, ha'
failed to deed the property to the incorpo
ration. I Immediately informed the part1e
to whom I had sold the stock Of that TACT
, which greatly exasperated MI. Mcbride.
> Urged him and the other gentlemen to nav
, the mines they owned conveyed to the II
corporation at once, as they had agreed I
do. This they did not do. and absolutel
refused to do so until they found legal pre-
ceedinps were being instituted to comps
. them to do it.
VERY MUCH REGRET
. the necessity of q newspaper defense OF m
> conduct in business matters; and woul
not now appear had not Mr.. Mcbride VIII
. is a practicing attorney in this place. see
proper to try his case In the newspaper
!. before it is reached in the courts. nav
!. been here in the city ever since l mace u
il disposition of the stock referred 20; ano.
r T have been guilty OF dishonesty Or an
= other improper conduct, it is the duty
= Mr. Mcbride, as the President OF the con
many. to have me arrested and Furnishes
= 4 T ave not transcribed my authority
= and if I was authorized to sell the stock :
- I did sell it, then I claim that he a W.
fully and, as I think, m~aliciously, state
what he knew was false for the purpose
iniuring me in this community ana 70 scret
his own conduct. Able legal counsel ha'
It been employed and proceedings ave bee
u ;nstituted in the courts to have this enti
:" matter thoroughly investigated. N
WcRride and I will then be shown up, ca
he ~ b;s proper light. I simply ask q ia
g. hearing, which l am sure Ill get IN !.